With 20 million in cash and enough cash to complete the commercial flow snd 3D, any shortfall if it’s 5-10 million dollars has 3 months to be soaked by instos. Of course it will be taken at 13 cents because they would have announced:
1. Side wall cores
2. fluid samples
3. 3D completion
4. 2D results and resource expansion
5. net pay expansion
6. start of commercial flow
7. PPSA
8. further offtake agreements
This will be through all time highs doesn’t matter what happens in next 2 weeks they have enough cash to keep progressing. 100 million dollar EV for a de risked and proven basin hilarious
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